The Mobile Payment Phenomenon: Legal and Regulatory Issues

Why You Should Attend

Mobile payments that use a mobile device like a smartphone or tablet to transfer funds to people or businesses are growing in popularity among consumers. Banks and other financial service providers, however, must still comply with existing laws and regulations—while being compelled to work with a variety of vendors that do not have the same legal strictures.

What are the risks and supervisory issues inherent in this new financial service? Find out in this CLE program on mobile payments.

Join counsel experienced with issues involving financial services and wireless communications and a representative from the U.S. Treasury for a concise discussion that identifies risks associated with mobile payments; what current regulations apply; and best practices for compliance with laws affecting mobile payments and associated technologies.

Who Should Attend

Attorneys who practice corporate law, commercial law, financial services, and securities law as well as any legal professionals who deal wireless communication providers should attend this accredited continuing legal education program from ALI CLE.

Program Schedule

Faculty members will discuss legal and regulatory issues facing banks and their wi-fi vendors when designing systems for mobile payments.

2:00 pm Program Ends.

Total 60-minute hours of instruction: 1.5; Total 50-minute hours 1.8

Suggested Prerequisite: Two to four years’ experience in subject matter

Educational Objective: Acquisition of knowledge and skills to develop proficiency as a practitioner; maintenance of professional competence as a practitioner; provision of information on recent legal developments